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FOX Business
Oct 31, 2012 1:00pm EDT
7:00 and 10:00 p.m. eastern. don't miss it tonight. catch former secretary of defense donald rumsfeld. great interview. he will discuss the growing scandal in libya lou was talking about and the mainstream media's failure to cover the story. don't miss that tonight. melissa: we're running a little late. it is kind of past quarter to but we'll check the markets. nicole petallides on the floor of the new york stock exchange. you're looking at key movers down there? >> that's right. there are key names to watch. first of all we'll start off with general motors coming out with their quarterly report and the numbers beat the street. look how the stock is faring, doing quite nicely. it is up over 9%. that comes on the heels of what we heard from ford yesterday. ford has been a winner by the way up six 1/2%. let's also take a look at keytek stocks looking at both facebook and apple two names we follow closely on the new york stock exchange. apple, we have the management shake-up and all about the map services not being up to par. that is something that weighed on apple as well as fa
FOX Business
Oct 29, 2012 11:00am EDT
have coast guard and department of defense all positions, if the public is not following instructions, that makes it more dangerous and means it could have picked holidays that could have been avoided. transportation will be tied up for a long time and probably most significant impact for a lot of people in addition to flooding will be getting power back on. there will be a lot of trees down, a lot of water and despite the fact the power companies are working very closely with the various state officials to make sure they're bringing it in those ready for preparations of the storm, the fact is they will not be able to get into positions to start restoring power until the wind has died down and because the nature of the storm, that could take several days, so republic's anticipate there will be a lot of power outages and it may take time for that power to get back on. same is true with transportation. even after the storm has cleared, it will take considerable amount of time for airlines, subways, trains and so forth potentially to get back on schedule depending on the amount of damage
FOX Business
Oct 29, 2012 1:00pm EDT
done to these refineries especially if that saltwater he is gets over, breaches the defenses if you like? what kind of impact could that have on refining capacity? >> well that is the worst-case scenario and i think that is the worst-case scenario for the phillips 66 refinery in bay wing, new jersey. that one isn't directly in the direct path of the storm but the storm surge numbers say that could potentially happen. that is the greatest risk out there. although if you look at probabilities it is probably not a high probability but it is a possibility. today's gasoline increases on the nymex reflect to a certain extent a worst-case scenario. melissa: you jumped ahead to my next question because i was going to ask you based on trading today what do you think is priced in already and where do we go from here? >> i think we priced in a few days or perhaps even a week or so of shutdowns at port reading, the hess facility, and the bay way refinery that phillips has and we're pricing in that the philadelphia or delaware river plants will continue to run after the storm passes them. obviou
Search Results 0 to 2 of about 3